275 Bay Hill Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2021 | No longer available | - | |
| No longer available | |||
| Dec 22, 2020 | Listed | $1,599,000 | |
| Listed | |||
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This magnificent home beckons you to come see the views for yourself. Ingeniously designed to showcase the views from every room. Upstairs there are three virtually identical master suites with both inside and outdoor sitting areas. You will love to entertain in this wonderfully appointed home with open concept kitchen dining and living areas that flow beautifully into the outdoor living space. Want to watch the big game or action movie in true style? Then you will love this 2020 updated media room! Game room with pool table, wet bar, wine cooler, and refrigerator drawers will keep everyone entertained. Five car garage and so much more. The manager has listed the unit size as 6155 square feet.
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| Jun 1, 2020 | Sold | ||
| Sold | |||
| Nov 18, 2019 | Listed by Coldwell Banker Realty | $1,600,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017